Equity
-€58,190
Debts exceed assets in financial year 2025.
BULSTAR
Lifetime
18 annual accounts with figures on one time axis, 47 filings since 1979peak €67,111 (2020)
€48,504▲ 31.8%
lowest -€18,793 (2008)
€16,580▲ 199%
peak -€34,382 (2008)
-€58,190▲ €16,580
€207,852▼ 2.6%
peak 0.6 FTE (2008)
-not published
Board1 name since 2021
-
Documentsfilings and deeds
10-06-202651 days before the deadline
2025micro format
Gross margin from €36,796 to €48,504Result from €5,541 to €16,580Equity from -€74,770 to -€58,190
Key points
from the 2025 annual accountsProfit
6 years
6 profitable years in a row. Profit 2025: €16,580.
Turnover
≈ €340,000 estimated
The micro format states no turnover.
Debts
€207,852 139% of the balance sheet
Suppliers 0%Taxes and wages 4%Other 96%
Filings
47 annual accounts since 1979
Five of the last ten came late. The 2020 accounts came latest: 88 days after the end of the period.
Position in the sector
-€58,190
Less equity than 95% of companies in construction of buildings. Sector median €45,752 · 10,181 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,795 companies had the same profile as BULSTAR has now. Each dot stands for 10 companies, two years later.
91.4%
were still trading
5.4%
stopped another way
2.7%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,795 companies, not a prediction for BULSTAR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0419661095
Change of role: , from manager to director
Director discharge: · General meeting of 19-07-2023 · Gazette deed
Registered office moved from Turnhout to Retie
New registered office: Kromstraat 62, 2470 Retie · Previous registered office: KLEINE REESDIJK 98, 2300 Turnhout, België · Board meeting of 29-10-2020 · Gazette deed
First establishment
At the time the registered office was still in Turnhout, Kleine Reesdijk 98.
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BULSTAR Retie | €149,662 | €48,504 | -38.9% | - |
| BOUWWERKEN L.V.B. Retie | €185,597 | €61,521 | 74.7% | - |
| ALGEMENE BOUWONDERNEMING BUGGENHOUDT Puurs-Sint-Amands | €208,965 | €39,070 | 18.3% | - |
| SKISUN CONSTRUCT Antwerp | €107,450 | €58,119 | 9.3% | - |
| BOUWONDERNEMING ROMBOUTS en CO Ranst | €157,840 | €69,317 | 93.6% | - |
| Jacobs L.C. Wommelgem | €162,516 | €70,745 | -242.7% | - |
| KUBA INTERIORS Lier | €124,737 | €30,670 | 53.6% | - |
These companies have the same main activity as BULSTAR: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €107,000 and €209,000, founded between 1968 and 1988.
Official details
Source: KBO- Status
- Active since 22-06-1979Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 4 others
- Establishment unit
- 2.016.301.9802470 Retie, registered on 01-01-1979
- Financial year end
- 31 December
- Peppol
- Reachable since 21-03-2026
Annual accounts 2025
- €149,662▲ 7.9%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 10-06-2026, 51 days before the end of the filing period
Insights on BULSTAR
BULSTAR files the micro format. That format states no turnover. The gross margin fell from €51,476 in 2008 to €48,504 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BULSTAR
- What is the company number of BULSTAR?
- The company number of BULSTAR is 0419.661.095. The VAT number is the same number with BE in front: BE 0419.661.095.
- Where is BULSTAR based?
- The registered office is at Kromstraat 62, 2470 Retie.Company details
- What does BULSTAR do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of BULSTAR?
- BULSTAR is a private limited company (BV).
- When was BULSTAR founded?
- BULSTAR was founded on 22-06-1979.
- Is BULSTAR still active?
- Yes, BULSTAR is an active enterprise in the KBO register.
- How many employees does BULSTAR have?
- BULSTAR had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of BULSTAR?
- The turnover in financial year 2025 is ≈ €340,000. This figure is estimated from the gross margin of €48,504 and 173 comparable companies (NACE 41001). It probably lies between €190,000 and €610,000.
- Is BULSTAR profitable?
- In financial year 2025, BULSTAR made a profit of €16,580.
- Where can I find the annual accounts of BULSTAR?
- BULSTAR filed 47 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BULSTAR due?
- BULSTAR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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